For Sale
$172,000

1308 Center StLittle Rock, AR 72202

High-yield, stabilized multifamily investment.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 1-story, 2-unit apartment building ideally situated in Little Rock, Arkansas, at 1308 Center St, 72202. Built in 1958, this 1,664 square foot duplex sits on a 0.16-acre lot and boasts 100% occupancy as of September 3rd, 2024. Each unit features one bedroom and one bathroom, complete with in-unit laundry facilities. Currently generating a stable income of $750 per month per unit, this property offers a compelling return on investment. Its prime location, just steps from the SOMA District and close to the UALR School of Law and interstate access, ensures high demand and ease of tenant acquisition. Recent upgrades include new paint and appliances in one unit. Tenants are responsible for all utilities except water. Walk-through videos are available for prospective buyers to thoroughly assess the property's condition and appeal. This is a turnkey investment, perfect for a seasoned investor or someone looking to enter the multifamily market. The asking price is $172,000. Don't miss this chance to acquire a profitable and well-located property in a thriving urban area.

Highlights

  • 1958-built, 1,664 sq ft duplex in Little Rock, AR.
  • Two 1 bed/1 bath units with in-unit laundry, currently 100% occupied.
  • Generating $1,500 monthly income ($750/unit).
  • Located near SOMA District, UALR Law School, and interstate access.
  • Recent upgrades include new paint and appliances in one unit; water included, tenants pay other utilities.
  • Asking price: $172,000.

Property Details for 1308 Center St

Property type
Apartment buildings
Square Feet
1,664 SF
Year Built
1958
Buildings
1
Stories
1
Lot Size (sq. ft)
6,970 SF
Units
2

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.736251
Longitude
-92.2753844
1308 Center St, Little Rock, Arkansas

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1308 Center St
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